Meghan Morris

Demis Hassabis Warns AI Startup Valuations May Face a Correction

Demis Hassabis has a blunt message for parts of the AI startup world: Some of this looks unsustainable. The DeepMind cofounder and CEO said in an episode of “Google DeepMind: The Podcast” published Tuesday that there are likely “bubbles” forming in today’s AI funding frenzy, particularly among early-stage startups raising money at huge valuations. Some…

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Young People Aren’t Getting Hired — but AI Isn’t to Blame

Young people entering the job market are facing the toughest conditions in years — but artificial intelligence isn’t the reason. A new analysis from a London-based economics consultancy suggests something much more old-fashioned is going on: Companies simply aren’t hiring. Since 2023, unemployment among new entrants to the US labor force has jumped more than…

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